FATF’s data sharing publications

Updated on 2 November 2022

FATF is the undemocratic world government that through ‘standards’ and ‘recommendations’ sets rules for the whole world. Rules set by FATF lead to impracticable bureaucracy and create discrimination and exclusion (‘de-risking’). The organisation promotes financial surveillance of every citizen, company and organisation.

The crime fighting concepts of FATF are the basis for the draft-legislation on financial surveillance by Dutch banks submitted to the Dutch parliament on 21 October this year.

 

Data sharing publications by FATF

FATF is preparing joint financial surveillance by financial institutions and has submitted several publications on the subject. Relevant are the following publications.

 

Digital Transformation of AML/CFT, 27 October 2022

Digital Transformation of AML/CFT
27 Oct 2021
The FATF is exploring the opportunities that technology can offer to improve anti-money laundering (AML) and counter-terrorist financing (CFT) efforts.

Digital Transformation of AML/CFT for Operational Agencies
27 Oct 2021
In October 2021, the FATF and the Egmont Group of Financial Intelligence Units completed a project to explore how financial intelligence units can leverage technology to strengthen their operations.
Digital Transformation Executive Summary (pdf, )

 

Partnering in the Fight Against Financial Crime: Data Protection, Technology and Private Sector Information Sharing, 20 July 2022

Partnering in the Fight Against Financial Crime: Data Protection, Technology and Private Sector Information Sharing
20 Jul 2022
This report aims to help jurisdictions responsibly enhance, design and implement information collaboration initiatives among private sector entities, in accordance with data protection and privacy (DPP) rules.
Partnering in the Fight Against Financial Crime: Data Protection, Technology and Private Sector Information Sharing (pdf, )

 

AML/CFT Digital Strategy for Law Enforcement Authorities, 8 June 2022

AML/CFT Digital Strategy for Law Enforcement Authorities
08 Jun 2022
The FATF completed work that explores how law enforcement agencies can use technology to successfully investigate money laundering and terrorist financing, mitigate the risks of these crimes, and share information in a secure manner.
Digital Transformation Law Enforcement (pdf, )

 

Stocktake on Data Pooling, Collaborative Analytics and Data Protection, 1 July 2021

Stocktake on Data Pooling, Collaborative Analytics and Data Protection
01 Jul 2021
This report examines commercially available or emerging technologies that facilitate advanced AML/CFT analytics within regulated entities. It also looks at technologies that allow collaborative analytics between financial institutions, while respecting national and international data privacy and protection legal frameworks.
Stocktake Datapooling Collaborative Analytics (pdf, )

 

High Level Roundtable for Data Pooling, Analysis and Data Protection, 10-11 March 2021

High Level Roundtable for Data Pooling, Analysis and Data Protection, 10-11 March 2021
15 Mar 2021
Summary of the high-level roundtable with AML/CFT supervisors and data protection authorities to discuss data pooling, analysis and data protection in the context of the fight against money laundering and terrorist financing.